Palmas Suenos Apartments

Quepos
8 Bed | 7 Bath | 45186 sq ft of construction | 0.28 acres of land
$289,000 REF: 3098881
Property Type
Commercial
Bedrooms
8
Bathrooms
7
Lot Size
0.28 acres
Construction Size
45186 sq ft
Price
$289,000
Reference
3098881
Open demo
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Property Type
Commercial
Bedrooms
8
Bathrooms
7
Lot Size
0.28 acres
Construction Size
45186 sq ft
Price
$289,000
Reference
3098881
Location: Quepos, Costa Rica
Property Description: Only 2 km from Quepos, 3 km to the Marina (Marina Pez Vela) and 10 km to Manuel Antonio beaches. Two story apartment building with 4 studio apartments upstairs and 2 studio and 1 two bedroom unit available downstairs totaling approximately 390 sq. meters (4200 sq.ft.) of living area. All furnishings included.

There are approximately 47 sq. meters (500 sq. ft.) of porches and balconies with the option to expand with another apartment in open space under the upper units totaling approximately 50 sq. meters (540 sq. ft.). The lot size is 1132 sq. meters (0.28 acres). Current rental pricing varies depending on season between $45-$60 per day, $245-$340 per week and $575-$800 per month. Three of the upstairs units have A/C installed.

The total building maintenance support and utilities including internet, cable, electricity and water are approximately $600 per month. Rental profits of between $20,000 - $29,000 easily achievable and potential for more. Stay in one unit and make a profit from renting the others. Expats looking to relocate and get residency! This is a perfect property for investment to meet financial residency requirements. As an option, an additional 1002 sq. meter (0.25 acre) adjoining lot is available to expand in the future.

Palmas Suenos is located in the Palmas Pacifica Development which offers a Tennis Center with access for lessons or daily play. The apartments are within close proximity to Quepos (2km), the new upscale.marina (Pez Vela) excellent restaurants and the famous beaches and National Park of Manuel Antonio. Buses and taxis are readily available and within walking distance.

Local management is available.

Asking Price: US$289,000 on 1132 m2 lot
US$329,000 including 2134 m2 lot (2 lots)
Ref
3098881
Price
$289,000
Status
Sold
Property Type
Commercial
Beds
8
Baths
7
Land Size
0.28 acres
Internal area
45186 sq ft

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